REI Lense

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$3,633 (target)

1507 18th Ave SW, Austin, MN 55912

3 beds • 3 baths • 4214 sqft

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This property looks like a bad Mid-Term investment with a projected -8.27% first-year return on $127k initial cash invested.

-8.27%

Cash On Cash

4.26%

Cap Rate

0.72

DSCR

$3,633

Rent

-$873

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,633 income − $4,506 expenses = $873 out of pocket

Income$3,633Out of Pocket$873Mortgage P&I$2,56671%Property Taxes$52114%Insurance$1845%Management$43612%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$40011%

Investment Breakdown

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Purchase Price

$518k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,176

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,633

Total Expenses

$4,506

Mortgage P&I

71%

$2,566

Property Taxes

14%

$521

Home Insurance

5%

$184

HOA

0%

$0

Property Management

12%

$436

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$400

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